QX Multifamily Industry QX Multifamily Industry

Multifamily Accounting Services 

Optimize, Save, Scale: Transforming Back-office Teams for Multifamily Businesses

An exceptional finance & accounting function is vital for any thriving business. However, a talent gap and the complexities of expanding through mergers and acquisitions can slow down this progress. The consequences? Operational inefficiencies and compromised visibility due to disjointed accounting teams.

Enter QX Global Group. We collaborate with top-tier players in the multifamily sector to develop centralized, high-impact offshore operations.

Leveraging our distinctive People-Process-Platform approach, we:

  • Identify your unique organizational needs to build scalable back-office teams,
  • Implement industry-leading best practices, and,
  • Deploy intelligent automation to boost efficiency.

With QX Global Group, we don’t merely address challenges – we convert them into opportunities for growth.

Services

Property Accounting

  • Bookkeeping & Accounting
  • Accounts Payable
  • Revenue Recognition
  • Bank Reconciliations
  • Student Deposit Management
  • Expense Recharges
  • Refund & Amendments
  • Budgeting & Forecasting

Development Accounting

  • Accounts Payable
  • Job Costing
  • Project Costing
  • CIS Data Management & Reporting
  • Retention Ledger
  • WIP Accounts
  • Balance Sheet Reconciliation
  • Accounting & Bookkeeping
  • Drawdown Working

Management Accounting

  • Accruals
  • Prepayments
  • Balance Sheet Reconciliations
  • WIP Account Reconciliations
  • Retention Account Reconciliations

Investment Accounting

  • Lender Reporting
  • Rent Reserve Working
  • Drawdown Working

Lease Administration Services

  • Verification of parties to lease agreement
  • Tenant Space Information
  • Term, Lease Index & Notes
  • Base rent & Renewals and Abatement/concession
  • Lease Audit
  • Deposit Information
  • Late Charges
  • Additional Rent (CAM/Operating expenses, RE taxes, Utility/HVAC, Insurance and other)

Tenancy Enquiry Management

  • 24/7 enquiry support through chat, calls and emails
  • Coverage for out-of-hours, weekends and holidays
  • Queries resolution as per client instructions, ensuring great customer experience

Why Multifamily Companies Choose QX

  • 9 OF THE TOP 20 PBSH/Multifamily companies in US & UK work with us
  • 14+ YEARS of rental housing accounting experience
  • 250,000+ UNITS/BEDS covered in our accounting services
  • 1,800+ ACCOUNTANTS including 500+ certified accounting experts with CPA, CA, ACCA and Masters Degrees
  • 250+ ENTERPRISE CLIENTS served through our end-to-end solutions

Benefits

Infinite Scalability

QX’s flexible model, with a proactive workforce structure, enables the addition of temporary staff to meet specific project needs.

scale-up

High-performing Skilled Teams

QX excels in providing a combination of onshore and nearshore talent, complemented by dedicated training teams and e-learning platforms to ensure that you get the most suitable talent for your business needs.

Process Optimization

QX’s dedication to implementing industry-best practices in order to enhance process efficiency, enables us to optimize our clients’ processes, resulting in cost savings and improved productivity.

Technology Support

Our team of experts collaborates closely with clients to understand their specific needs, and design solutions that cater to them, whether it be developing custom applications, integrating existing tools, or applying automation techniques.

compliance

Seamless Transitions

We have a proven track record of addressing the challenges of software migration by utilizing the knowledge of our experienced staff with exposure to various ERPs, along with the support of external consultants, to ensure smooth transitions.

Client Stories

Scott Berry, Commercial & Finance Director, Fresh Property Group

Scott Berry, Commercial & Finance Director - Fresh Property Group opens up on his finance outsourcing experience with QX Global Group and the key business benefits from this decade-long partnership.

Brian King, CFO, Eureka Holdings
 

Brian King, VP CFO -Eureka Holdings speaks about his experience of working with QX Global Group.

David Tymms, Chief Operating Officer, iQ Student Accommodation

This video testimonial shows how QX F&A has been an asset to IQ Student Accommodation.

Automation-Driven Business Transformation

We work with industry-standard software to bring about finance & accounting transformation for our clients in the multifamily industry. We are also open to integrating any additional software in our solutions, to better suit your specific organizational needs.

Resources

Blog

Operational Challenges Giving Multifamily Executives Sleepless Nights – This One-stop Solution Holds the Key

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Blog

5 Ways CFOs & Finance Directors Can Streamline Procure to Pay for Multifamily Businesses

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Blog

Improving Employee Experience: Key to Surviving the Great Multifamily Resignation

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Book a no-obligation call with our multifamily experts to embark on your business transformation journey

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